Tag: AARP
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How It’s Going: The Rise of the “Transfer on Death Deed”
Homeowners looking to pass property to the next generation are increasingly asking about transfer on death deeds. These deeds aren’t new. But they are a relatively new option in a number of states. Many people only know about them when their state lawmakers decide to introduce them. Today, more than 30 states allow for a…
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Zoning for Affordability in Minnesota: Is a Law Allowing More Units Doomed?
A new law to boost starter-home construction in Minnesota is “on life support” now, media reports say. Its backers are scrambling to save it as the lawmaking session concludes this month. Starter homes seem to be an endangered species. In the early 1980s, four in every ten new homes created were within the reach of…
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Seniors’ Advocates Urge States to Ban Predatory ‘Cash for Listing’ Contracts
States are outlawing listing agreements that bind homeowners to specific companies to sell their homes in the future. In the last two years, 30 states have acted to prevent businesses from taking control of people’s property by recording brokers’ contracts against their deeds. The agreements can result in restrictions, liens, or even stealth mortgages recorded…
